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Oct 6, 2012
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that expires at the end of the year. in 2009, president obama took office and the stimulus act included new credits focused on low income families and families who have kids in college. those are extended in 2010 and expire at the end of the year. there is temporary cuts in social security payroll tax that was done in the stimulus. in addition to those expiring tax provisions, another thing we have the start of next year are the start of tax increases included in the health reform act of 2010. there is a very diverse our rate of tax positions that are under discussion. that is important for understanding the effects of american households. different households are affected differently. at low income of the distribution, the credits enacted in 2009 turned out to be very important. as does the temporary cut in payroll taxes. that continues to be important for folks in the middle range of income. the 2001-2003 tax cuts are important. if you go to the high end of the high -- income distribution, in addition to the 2001-2003
that expires at the end of the year. in 2009, president obama took office and the stimulus act included new credits focused on low income families and families who have kids in college. those are extended in 2010 and expire at the end of the year. there is temporary cuts in social security payroll tax that was done in the stimulus. in addition to those expiring tax provisions, another thing we have the start of next year are the start of tax increases included in the health reform act of 2010....
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Oct 7, 2012
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. >> two years ago, barack obama warned about the subprime crisis. john mccain, while barack obama was warning about what we had to do, was the tralee giving an interview to "the wall street journal" say that he is all for cutting regulations. john mccain is a good man, but he thought that the answer is the tried and true republican response -- deregulate, deregulate. so you have deregulation, the belief that wall street would self regulate itself. barack obama was talking about reinstating those regulations. john, on 20 different occasions, called for more deregulation. he said he wants to do for the health care industry, deregulate it and let the free market move like he did for the banking industry. so deregulation was the promise. guess what. those people who say don't go into debt, they can barely pay to fill their gas tank. i asked a guy named joe. i said, julie, how much does it cost to fill your tank? he said i don't know. i never have enough money to do it. the middle class needs relief, tax relief. they needed now. >> the governor, if you l
. >> two years ago, barack obama warned about the subprime crisis. john mccain, while barack obama was warning about what we had to do, was the tralee giving an interview to "the wall street journal" say that he is all for cutting regulations. john mccain is a good man, but he thought that the answer is the tried and true republican response -- deregulate, deregulate. so you have deregulation, the belief that wall street would self regulate itself. barack obama was talking about...
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Oct 6, 2012
10/12
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guest: there is no question -- president obama had a jobs bill last year. the republicans had no use for it. it was put aside because they did not want to have the present have a success. they were not interested in creating jobs. do they have a jobs plan? there is no record that cutting tax creates jobs. i do think the democrats need to be bolder and put forward many more ideas about how to create jobs. in my mind the democratic party is a coalition of interest. the republican party i think will possibly expire because it has become so extremist. it risks extinction in a country going through such demographic shifts. it is primarily a white, older party to that. it doesn't understand how they will operate. they will throw as much money and do the vote suppression which about 11 courts have said we're not going to buy into the idea of bogus voter fraud to impair the greatest rights america has. host: we have 10 students on the bus. all the journalism students are double majors. a quick comment from you as an editor who hires journalists. guest: i think that
guest: there is no question -- president obama had a jobs bill last year. the republicans had no use for it. it was put aside because they did not want to have the present have a success. they were not interested in creating jobs. do they have a jobs plan? there is no record that cutting tax creates jobs. i do think the democrats need to be bolder and put forward many more ideas about how to create jobs. in my mind the democratic party is a coalition of interest. the republican party i think...
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Oct 5, 2012
10/12
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debt in four years. you told me once, congressman, we have maybe two or three years before an economic calamity. explain what you mean? >> yeah. that's what the experts have been coming to the budget committee for years saying, if we keep staying on this path, we will have a debt crisis like what is engulfing europe. we have to get off this path. mitt romney's proposed a plan to get us off this path. president obama is doubling down on this same direction. we can't keep spending money we don't have. we will have a debt crisis, much like that in europe. they say, we don't have that much time. we have a window of opportunity. the next president will decide how this is determined. this man has put a plan out to prevent that from happening to get the economy growing, prevent a debt crisis and save the people who depend on these programs that they have been promises for them. the country saw the choice they have to make. >> sean: one last question with the two of you. governor romney, you brought up the $716
debt in four years. you told me once, congressman, we have maybe two or three years before an economic calamity. explain what you mean? >> yeah. that's what the experts have been coming to the budget committee for years saying, if we keep staying on this path, we will have a debt crisis like what is engulfing europe. we have to get off this path. mitt romney's proposed a plan to get us off this path. president obama is doubling down on this same direction. we can't keep spending money we...
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Oct 3, 2012
10/12
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obama 20-year anniversary, with michelle obama, i think it's today. also the 19-year anniversary of dark day, memorialized by the movie "black hawk down." >> three guys with rpgs coming up on your side now. >> going down. >> we have a black hawk down. >> eric: we lost 19 heroes, 18 or 19 heroes and it was 19 years ago. >> greg: k.g. >> kimberly: mine is viewer from wisconsin who wrote in -- why are you making a face already? >> greg: i saw this. >> kimberly: you know what? maybe somebody else didn't. >> greg: i don't know. talk about bullyingism get it. go ahead. >> kimberly: fine, thanks. since greg destroyed my one more thing. >> to the person who wrote me that letter, do you think i don't know that, that your cruel words are pointing out something i don't see? you don't know me. you are not a friend of mine. you are not a part of my family. you admitted you don't watch the show. so you know nothing about me but what you see on the outside. >> kimberly: take that. >> greg: what was she talking about? >> kimberly: she was getting bullied by a viewer
obama 20-year anniversary, with michelle obama, i think it's today. also the 19-year anniversary of dark day, memorialized by the movie "black hawk down." >> three guys with rpgs coming up on your side now. >> going down. >> we have a black hawk down. >> eric: we lost 19 heroes, 18 or 19 heroes and it was 19 years ago. >> greg: k.g. >> kimberly: mine is viewer from wisconsin who wrote in -- why are you making a face already? >> greg: i saw...
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Oct 8, 2012
10/12
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>> jonathan, real quick, this was a speech rife from specifics everything from building 15 ships a year and three submarines to requiring nato allies to commit 2% of gdp to security. there were some specifics in in speech. >> there were definitely some specifics. i don't mean to say there weren't. i think it's difficult also as a challenge to get to this place where you can criticize the president effectively by laying out your own plans without going so far as to be, you know, helpful to america's enemies. i think it's a difficult game to play. there were certain things i heard. for instance, in libya he said that he believed that the best course for the united states was to continue to help the libyans with their self-governance and pursue the people that killed our ambassador. i don't think you would hear anything different from barack obama on that or anybody in this administration in terms of what their goals are there. i think in terms of taking actions and not just having words against iran, i'm not sure that that's a whole lot different than what you see if our government now be
>> jonathan, real quick, this was a speech rife from specifics everything from building 15 ships a year and three submarines to requiring nato allies to commit 2% of gdp to security. there were some specifics in in speech. >> there were definitely some specifics. i don't mean to say there weren't. i think it's difficult also as a challenge to get to this place where you can criticize the president effectively by laying out your own plans without going so far as to be, you know,...
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Oct 7, 2012
10/12
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>> well gwen, two years ago barack obama warned about the sub prime mortgage crisis. john mccain said shortly after that in december he was surprised there was a sub prime mortgage problem. john mccain while barack obama was warning about what we had to do was literally giving an interview to "the wall street journal" saying that i'm always for cutting regulations. we let wall street run wild. john mccain and he's a good man, but john mccain thought the answer is that tried and true republican response, deregulate, deregulate. so what you had is you had overwhelming "deregulation." you had actually the belief that wall street could self-regulate itself. and while barack obama was talking about reinstating those regulations, john on 20 different occasions in the previous year and a half called for more deregulation. as a matter of fact, john recently wrote an article in a major magazine saying that he wants to do for the health care industry deregulate it and let the free market move like he did for the banking industry. so deregulation was the promise. and guess what?
>> well gwen, two years ago barack obama warned about the sub prime mortgage crisis. john mccain said shortly after that in december he was surprised there was a sub prime mortgage problem. john mccain while barack obama was warning about what we had to do was literally giving an interview to "the wall street journal" saying that i'm always for cutting regulations. we let wall street run wild. john mccain and he's a good man, but john mccain thought the answer is that tried and...
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Oct 4, 2012
10/12
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it's been four years with obama. how many years do you have to have of him before you make up your mind. there's a lot of information out there. how do you folks get yours? >> jess, why don't you take. >> definitely, i try to -- in today's society i get most of minus through the internet so i typically look at bbc, "new york times", "washington post" -- >> but you still don't think you have enough information? >> there's a lot of information out there and i think most of us agree that really, they've both got good ideas and great candidates but what it comes down to is, which plan the is better for america. ultimately, i'm leaning towards romney but there's still a couple more debates left and -- >> keira you said you don't have enough information. you're a kindergarten teacher here in the denver area. not enough information? there's so much out there. we've been campaigning for a year. >> finding the information that youch can connect with and the information that you can and i'm still looking for that. >> chris, wh
it's been four years with obama. how many years do you have to have of him before you make up your mind. there's a lot of information out there. how do you folks get yours? >> jess, why don't you take. >> definitely, i try to -- in today's society i get most of minus through the internet so i typically look at bbc, "new york times", "washington post" -- >> but you still don't think you have enough information? >> there's a lot of information out there...
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Oct 7, 2012
10/12
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has to have obama re-elected this year. his ticket is to be the loyal vice president, have the second term go well. a 60% approval rating. the continuity becomes the argument and democrats want to reward the loyalty. you're right, we said in the run up to 2008 that hillary clinton was the most dominant front-runner in politics. that had nothing on what we should be if she decided to run in 2016. >> can i just -- no. i got to tell you. you know, i know she's enormously popular right now but it's because she's not running. i mean, it's not that hard to be that popular. >> but a lot of democrats are saying, wait a minute, she literally got shafted in 2008. this is not fair. this is her turn and thus -- look, this is -- >> they're saying, she's been a loyal soldier for the last eight years, quote-unquote. she has to run. >> i said it in '08. i'll say it in '16. it is not a place for loyalty or for mrs. clinton. it is an indication about one's own ability. i think she's fantastic. i really do. i also think that american voters d
has to have obama re-elected this year. his ticket is to be the loyal vice president, have the second term go well. a 60% approval rating. the continuity becomes the argument and democrats want to reward the loyalty. you're right, we said in the run up to 2008 that hillary clinton was the most dominant front-runner in politics. that had nothing on what we should be if she decided to run in 2016. >> can i just -- no. i got to tell you. you know, i know she's enormously popular right now...
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Oct 9, 2012
10/12
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>> hrc has endorsed president obama. they did so more than a year ago -- more than -- before the respect nominee was even selected, which caused some questions at the time. >> bill: yeah. but it looks like they -- on the issues, just dealing with the issues that they made the right choice -- >> log cabin hasn't endorsed but go proud who is the sort of more right-wing of the two gay organizations did endorse mitt romney, and they held an event last night, with bay buchanan. i'll let you just sit with that one. >> bill: i'm speechless that she is the one that they would choose to speak out for mitt romney on to the lgbt community? >> i'm not sure if she is the liaison -- go proud has a proud history of finding the name that -- they are the group that had ann coulter speak to them. they are nothing, if not headline grabbing. [ laughter ] >> bill: chris good to see you my friend. you can follow chris at buzzfeed, buzzfeed.com or follow him on twitter. @chris geithner. thanks for coming in. >> thank you. >> bill: and we'll ta
>> hrc has endorsed president obama. they did so more than a year ago -- more than -- before the respect nominee was even selected, which caused some questions at the time. >> bill: yeah. but it looks like they -- on the issues, just dealing with the issues that they made the right choice -- >> log cabin hasn't endorsed but go proud who is the sort of more right-wing of the two gay organizations did endorse mitt romney, and they held an event last night, with bay buchanan....
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Oct 4, 2012
10/12
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my 8-year-old daughter who asked, why is president obama so mad? and i think that's a really georgia, you know, good way of putting it. it looked as though he was at the wrong debate, he was in parallel play. and he had the classical presidential case of no one has spoken to him that way in four years. >> stop and say that again. chris matthews said it last night. maybe he was hailed at chief one too times. >> no one has spoken to him that way. no one has tried to interrupt him in four years. think it showed. >> that's what happens. emp agrees with you. it's hard to the say to the president, you're wrong, sir. no one interrupts you. no one tries to tell you control the room. that's the power of the presidency. he hasn't had an argument since john mccain in the third debate in 2008. a real argument of this kid kind. you're fighting for time. you're fighting for control of the room. it's not something a president has to do. >> any president, any governor, any senator, you're almost indignant that somebody would challenge you because you're you. a pre
my 8-year-old daughter who asked, why is president obama so mad? and i think that's a really georgia, you know, good way of putting it. it looked as though he was at the wrong debate, he was in parallel play. and he had the classical presidential case of no one has spoken to him that way in four years. >> stop and say that again. chris matthews said it last night. maybe he was hailed at chief one too times. >> no one has spoken to him that way. no one has tried to interrupt him in...
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Oct 9, 2012
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i would say even worse performance that barack obama did this year, about a week later, dick cheney debated john edwards. dick chainachina -- dick cheneyd to be a grownup. >> if joe biden turns in a bad performan performance, it could be what happened in '04. >>> we're all looking at that debate saying who gets the upper hand in the argument, real voters look at the vice president lt scandals saying who could be president? where you've got dick chain and john edwards as a comparison, who looks more presidential? whatever you think about their individual policies, who could step up and be the president, and i just think in that dynamic, some of that generational play is going to be for paul ryan and joe biden, whatever you think about paul ryan, is he a heart beat away from the president. and joe biden maybe filling those shoes there. could be gain shifting on both sides. >> and the way the debate's set up, it's going to be at a table, that's seated, i would say that's better for biden, when he's at a podium, he's more likely to be hotter with his mike. that was good for dick cheney, remembe
i would say even worse performance that barack obama did this year, about a week later, dick cheney debated john edwards. dick chainachina -- dick cheneyd to be a grownup. >> if joe biden turns in a bad performan performance, it could be what happened in '04. >>> we're all looking at that debate saying who gets the upper hand in the argument, real voters look at the vice president lt scandals saying who could be president? where you've got dick chain and john edwards as a...